Calgary’s newly formed Community Investment Fund will direct $252 million over the next six years into community projects including a new central library, new recreation centres, and upgrades to community arenas, pools, parks and community associations and recreation groups.  The investment in projects was made possible by the Province’s decision to ease the provincial property tax, leaving the city with an extra $42 million dollars annually. All city quadrants will receive community upgrades. Read more at The City of Calgary Newsroom.